Mattamy deal blossomed from Lightning trip

By Business Observer Staff
| 9:56 a.m. January 31, 2014
| 0 Free Articles Remaining!

Manatee-Sarasota

THE DEAL: Mattamy Homes buys 235 acres in Lakewood Ranch from developer Schroeder-Manatee Ranch Inc.

BUYER: Mattamy Sarasota LLC (Calben US Corp.), Winter Park
SELLER: SMR North 70 LLC
PROPERTY: a portion of Malachite Drive just east of Lakewood Ranch Boulevard, Lakewood Ranch
PRICE: $17.15 million
LAW FIRM ON DEED: University Title Services, Lakewood Ranch

WHAT: Canadian homebuilder Mattamy Homes purchased a large parcel of Lakewood Ranch for $17.15 million to develop 675 townhomes and detached single-family homes.